6. Tracking progress

The actions we are taking now are the start of a long journey. Building a new industry is not something that can happen overnight. It will take time and we will need to be agile, innovative and coordinated in our actions.

We will need to monitor global hydrogen industry development and make judgements based on how the industry evolves. To help with this process, we have developed a set of industry development signals.

We have also developed 15 measures of success, which align with the Strategy’s vision for the industry in 2030.

Through comprehensive analysis of the future energy scenarios discussed in Chapter 2, we have developed a set of signals for global industry development. They focus on indicators of growth along the supply chain, including investment,production project scale, hydrogen cost-competitiveness and hydrogen use. Progress in research, development and demonstration is also featured, highlighting that innovation and commercialisation is still required in parts of the supply chain.